Global Disposable Plastic Blood Bags Market: Overview
Disposable plastic blood bags are widely used in healthcare industry for collection and distribution of human blood. The plastic bags are made of bio disposable compounds, hence do not pose a threat to the environment after use. Apart from this, they have a multiple tubes connected to them that helps in separation of blood components such as platelets, plasma and cryoprecipitate from blood. This ability of disposable plastic blood bags make them superior than traditional glass bottles.
Global Disposable Plastic Blood Bags Market: Notable Developments
Some of the recent developments that may favor the disposable plastics blood bags market are:
- Johns Hopkins recently conducted a study on blood transfer using drone. It determines the viability of blood transfer via drones. Further, these techniques are effective, safe, and timely way to transport blood products to remote accident or natural catastrophic sites, or other time-sensitive destinations. This could boost the disposable plastic blood bags market.
- Blood bag are manufactures are focusing on the bio compatible PVC materials and additives for the manufacturing of blood bags. These have superior blood preservation capabilities and safeguards blood’s components till transfusion or further use.
Some of the prominent players in the global disposable plastic blood bags market are Haemonetics Corporation, Kawasumi Laboratories, Inc., JMS Co., Ltd., Grifols International S.A., Fresenius SE & Co. KGaA, AdvaCare Pharma, Terumo Corporation, and Macopharma, Genesis BPS.
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Global Disposable Plastic Blood Bags Market: Key Growth Dynamics
Rise in surgical procedures and surge in number of trauma and accidents around the globe is a strong factor propelling the global disposable plastic blood bags market. Apart from this, increasing in prevalence of diseases like anemia increases the demand of the disposable plastic blood bags. This is expected to offer a significant boost to the global disposable plastic blood bags market. Moreover, increase in geriatric population across is expected to drive the disposable plastic blood bags market. This is because geriatric people often suffer from problems such as low hemoglobin count, lesser plasma. Thus offering a significant push to the disposable plastic blood bags market.
Irregular and compromised use of sterilized needles and bags increases the risk of HIV infection and sepsis contraction. All this factors induces a sense of reluctance for the usage of disposable plastic bags among patients. Instead, they prefer fresh blood from donors rather than disposable plastics blood bags. This is a major factor restraining growth of the global disposable plastic blood bags market. Apart from this, lower number of blood donations in developing and undeveloped region impede the growth of the disposable blood bag market. Nevertheless, increasing government investment regarding blood donation awareness is likely to open lucrative avenues for the growth of the disposable plastic blood bags market.
Global Disposable Plastic Blood Bags Market: Regional Outlook
Geographically, North America is expected to maintain its dominance in the global disposable plastic blood bags market during 2015 – 2020. This is due to growing R&D activities in the blood transfusion technique and increasing prevalence of blood disorders in the region. Along with this, presence of prominent manufacturers in the region is another factor that contributes to the expansion of disposable plastic blood bags market in this region.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
Companies in the Disposable Plastic Blood Bags market have increasingly shifted gears with wide application of digital technology across the continuum, from raw material sourcing to manufacturing to generation of final output, to warehousing to final distribution operations. Among the various affects, the market is witnessing new growth economics due to thinning of line between specialty and commodity businesses that are associated with the larger ecosystem. At the same time, new growth parameters are being vigorously being debated as industry stakeholders put greater emphasis on the circular economy processes.
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